Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
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  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
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  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

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Pace PLC (PIC)

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Tuesday 31 May, 2011

Pace PLC

Statement re appointment of new Chairman

RNS Number : 5050H
Pace PLC
31 May 2011
 



Allan Leighton to become new Chairman of Pace plc

Mike McTighe to retire after ten years on the Board

Saltaire, 31 May 2011:  Pace plc today announces the proposed appointment of Allan Leighton as its new Non-executive Chairman and the retirement of Mike McTighe, who will be stepping down after ten years as Non-executive Director including five as Chairman.

The Board is pleased to have recruited Allan Leighton, former CEO of Asda and former Non-executive Chairman of the Royal Mail.  Allan has today joined the Board as a Non-executive Director and is expected to be appointed Chairman over the summer months, allowing a period for Mike and Allan to undertake an orderly transition of responsibilities.

Mike McTighe commented, "I am proud to have played a significant part in Pace's turnaround over the past five years. Despite the recent setbacks Pace is well positioned for the long term and I am confident it will continue to lead the global digital TV market.  The Board has undertaken a thorough and exhaustive search for my successor and it's terrific that we are appointing someone of Allan's calibre as the next Chairman of Pace."

Allan Leighton commented, "I've watched the Pace business develop with both its ups and bumps for 15 years. I've always felt there is a 'great technology company' in there. My task now with the Management and the Board is to deliver that 'great technology company' and the value that goes with it without the bumps. This process will start with a Strategic Review of the Company."

Neil Gaydon, CEO of Pace, commented, "Mike has played a key role in developing Pace's industry leadership position and I would like to thank him for his service and the guidance he has given to this business and to our management team.  We are very excited to be welcoming Allan Leighton to the board; his track record of running businesses is outstanding, and we very much look forward to his contribution". 

Additional Information for Shareholders

As part of the terms on which he is to be appointed, Allan has agreed to purchase £200,000 of Pace shares. Pace has agreed to make a share award to match Allan's own investment on a two for one basis, vesting after three years.  An additional award of over 600,000 shares has been made and will vest dependent upon share price performance over a four year period: 25% of this award will vest at 145p with full vesting at 190p.  Both awards are subject to the shares being retained until at least the fifth anniversary of appointment. Full details of these awards will be provided in due course in accordance with Listing Rule 9.4.2(2).

Currently Allan is Deputy Chairman of George Weston Limited, holding company of Loblaw Companies Limited.  In addition he is Chairman of Danish jewellery company Pandora A/S, Deputy Chairman of Selfridges & Co Ltd, a Non-executive Director of British Sky Broadcasting plc and has just been appointed Chairman of Peacocks.  There is no other information required to be disclosed pursuant to LR 9.6.13R in respect of Allan Leighton.

-ends-

 

Allan Leighton Biographical Notes

Allan Leighton has a wealth of experience in chairing public company Boards.  He was at Mars for 18 years and then supermarket group Asda, transforming it from a £500 million company to one sold to US giant Wal-Mart for £6.2 billion in 1999.  In 2002 he was personally appointed by the Prime Minister to turn around the loss-making Royal Mail.  Allan stepped down from his role in March 2009, making him the Royal Mail's longest serving chairman.

 

 

For further information please contact:

 

Media:

 

Jonathan Glass/Sarah West

Brunswick

+44 20 7404 5959

 

Helen Kettleborough

Director of Communications

+44 1274 532000

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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